Arizona silver belt., 1887-11-05
aRlxaNA MnsEaAn naar nAtinoaD.
rressdsns Eaays ssassnaefls sehsermsne she DlalemEg with The Atlantic a raeiae to.
HIM the Roston p.,ak 1.

4 expose 0i tNt falSaetiOilh pB4MEci z his company and tho Atlantic 6 Paci- l fic fot thc iniormation of the subscri- bers to and holders of their securities
 Beginning, he says
 I Toaching the question as to wheth. 4 er the Atlantic < Pacific Railroad
 Company agreed to take eertain stocks
 and bonds ofths Arizona Mineral Belt
 Railroad Company, and how much land upon what terms, 1 submit the < following exhibits copies of records
 and papers in our office with only
 such comment as is necessary to make
 clear their moaning To tho general charge contained in my telegram to 1 Superintendent MeDonell of tho l7th,
 to-wit: That the Atlantic & Pacific
 had yioiated it's agreements with our company in negleeting and refusing to pay it's subscription, the mhnage. ment of that road make answer as fol- flows: Firss. We never made any sub- lscription to your road second. You
 have not complied with the conditions of the subscriptions which we made. <
 We're it not for the equiyocal position { in which their ostensible defence pla- ces ne, l would let the slow process of the law, alone, settle the issues be. tween us, tut I do not care to rest, for awhile even, nnder the inputation of having obtained money upon condi- tions not fully unsuitable. As t is, | shall have no contention with tho management of the Atlantic X Pacific lFoad personally. Let them wrestle { with the records as here given and make their conduct appear consistent with fair dealing if they can. Ina original Of these .exhibits' is suljeet to oinspeetion It our office. 95 Mak street.
 Then follow exhibits from "A to s"Q, running from June 2, 1886. to Oct. II 1887, consisting of felegrams, letters, copies of records Of executive committees and boards of directors. lete,, in which President Strong name appears eight ti,Eas, either indiyidnal- Fly or officially. as recognizing the yali. ! diiy of the Atlantic ( Faeifesnbscrip- sion agreeirg to extend time of pay meat tb exchange old for new bonds, e.cs etc President Nhtt appears five times, President WinsIaw tohr times and otber officials ip greater or less degree rounding ID oH June 2l with telegram from President Entt to President Winslow expressing satis. faction with the ability of the Arizona sinerd Belt tc build eighty aiiies of road and the answer Of President Winslow saying that te and seIigman. would approve subscription, etc. Sew. enty five thousand dollars s 5 .0003 of the securities being aiaGuat due on iifteeu miles is then iendered and ae- eepted and reesi ptsd for by Treasurer Gardner of the Atlantic < Pacific rail- road, and 5i per cent of tue railroad stock " Trustee Manchester.
 President Eddy then says:
 This wopld seem 70 close the deal by tbe delivery ahd arceptance of ne frss fnstalment of bonds aua stock, apd Inc question naturally occnls, gahy did you not get your money? !? Because ! was in . great hurry to leave fof Arizona, aud gave directions to have money deposited in Bosten National Bank to my credit To ny great surprise this was not done. Learning that there vas some snspi- ciou that there might bs liens upon ltbat portion of the road already built, ! 1 procured the following aiIldayits Here follow a number of aiiidayits, showing no liens upon tbe road oa Aug l9, 1887 He further says: 1 This disposed of the liea question. but in orderto depraYe them Of any 1 pretext for not paying their snbscrip- ton. notwithstanding they tad com elpded the deal lg accepting our l goods l obtained the folloeinR ] guarantee from MT, E. E. Hiackley a millienaire capitalist of Chicago ! Exhibit G
 elItcAao, Oct l1. lColonel N Q. Mutt, President Atlan. 1 tic & Pacific Railroad, 95 Milk street, Boston, Mass.
 Dear Sir Conditioned that the At. lantic ( Pacific Railroad Company will 1 pay its subscription Of f$50001 five thousand dollars per mile as each five imiies are bnilt and completed, l will guarantee the building Of the Anzona 1 Mineral Belt railroad 10 tlie point of laying eighty (SO) miles Of track I Yours truly,
 (Signed) K 2. HtNexLEr. Concluding, hc says
 Thus stands the record. Friepds of ! tbe railroads to whom 1 have shown these papers ingariable ask in aston ishment, Bat what 5 thelr real mo- q d 1 tive foit treating yon thns2 ] con fess ny inability to answer the ques- 1 Itl0n One thlpg, however. must be